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HashiCorp shares spike on report that IBM is in talks to buy the cloud software maker
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Anger over Gaza clouds Labour’s local election wins
Party stacks up gains but support appears to drain away in areas with large proportions of Muslim votersFinancial Times - Business -
Gambling-software company Games Global valued at about $2 billion in IPO
Games Global, which recently entered the U.S. market, has 40 exclusive studios, more than 1,300 proprietary games, and “some of the industry’s highest paying progressive jackpot network,” according to the company.MarketWatch - Business -
Anglo American shares rise on report Glencore may make rival offer
Shares of Anglo American rose on Friday after a report that Glencore was considering making a rival offer for the mining company.MarketWatch - Business -
SPDR Gold Shares Inch Lower Following Jobs Report
Gold prices edged lower, with April’s lower-than-expected jobs gains giving investors hope that the economy is finally cooling down.The Wall Street Journal - World -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - World -
Wegovy maker Novo Nordisk extends losses following first-quarter results
Analysts pored over the details in its first-quarter results and monitored a potential rival weight loss treatment.CNBC - Business -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - Business -
Luminar’s stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan
Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as part of a restructuring plan.MarketWatch - Business -
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.The Wall Street Journal - World -
Who’ll buy all the Treasuries? You’ll buy all the Treasuries
Ft. Bad some news for the non-US AnglosphereFinancial Times - World
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Berkshire Hathaway’s big mystery stock wager could be revealed soon
Warren Buffett's bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year.CNBC - Business -
Here's where the jobs are for April 2024 — in one chart
Health care and social assistance led the way, while construction hiring slowed.CNBC - Business -
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
SEC charges Trump Media auditor with 'massive fraud' on hundreds of companies, imposes lifetime ban
Trump Media, the owner of the Truth Social app, trades under the DJT ticker. Former President Donald Trump is the majority shareholder of the company.CNBC - Business - Donald Trump -
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.CNBC - Business